SFI-Serviços Financeiros Imobiliários Ltda.

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Project Number: 
BR1102A-01
Expected Consideration Date by the Board: 
08/29/2000
Date Posted: 
07/06/2000
Company: 
SFI-Serviços Financeiros Imobiliários
Financing Requested: 
Sector: 
Financial Services
Location: 
Country: 
Scope Objective: 
Project Description: The Project consists of a 5-year subordinated loan for up to US$1 million. These funds will be used to finance the acquisition of new software and systems so can SFI can strengthen and expand its operations. SFI will provide high quality independent mortgage servicing to issuers of mortgage-backed securities in Brazil. Mortgage servicing is critical in the development of a secondary market infrastructure in Brazil.
Environmental Review: 
This is a Category II project according to IIC's environmental and labor review procedures.

The mortgage transactions to be serviced will be subject to an environmental and labor review and must comply with national environmental and labor laws, regulations and standards, as well as IIC's environmental and labor review policy.